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Jul
12
Title:Gaming Promo re-instates Negative CarryoverDate:July 12, 2009 9:27 pm
Category:Gaming PromoTags:,


Gaming Promo have recently removed the ‘No Negative Carryover’ clause from their terms.

TERMS UPDATE, Commissions, Negative Carryover

If you are participating in the GamingPromo Revenue Share option, and the Casino Net Revenue of all your referred players in any given month is in a negative position, we will zero out such negative balance at the beginning of the new month, so that no Casino losses will be carried forward against your account.


Summary:Gaming Promo NO LONGER zero out negatives. Since there is no ‘Effective Date’, this is assumed to be a breach of their own contract if they move forward with this implementation.

NOTE: Gaming Promo’s website still states on the FAQ page that they do not carry over negatives. See image below:


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